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1202 W 56th St; Indianapolis, IN Property Details

1202 W 56th St, Indianapolis, IN is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 1202 W 56th St has 3 bedrooms, and 2.5 bathrooms, and a total of 2,474 square feet. The lot size of 1202 W 56th St is 38,464 square feet.

Off market
1202 W 56th St Indianapolis, IN 46228
$420,275 Listing Price
3 Beds
2.5 Baths
2,474 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $420,275
  • Open Loans / Balance: 2 / $319,496
  • Est. Equity / %: $184,504 / 36.61%
  • Gross Yield: 8.143%
  • APN: 49-06-03-117-026.000-800
  • Situs County: Marion
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 11
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Building Condition: Good
  • Building Quality: A
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Yes

Measurements

  • Total: 2,474/SqFt
  • Lot: 38,464/SqFt
  • Gross: 2,811/SqFt
  • Garage: 816/SqFt
  • Living: 2,474/SqFt
  • Basement: 562/SqFt
  • Building: 2,811/SqFt
  • Ground: 2,249/SqFt
  • Basement Finished: 225/SqFt
  • Basement Unfinished: 337/SqFt
  • Price Per Square Foot: $169.88

Legal Description

  • Description: PT SW1/4 SE1/4 S3T16R3 BEG 562E OF SW COR;112SL 345WL (WALNUT HILLS SURVEY PT TR 3)0.887AC
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Washington Township Metropolitan School District
  • Lat / Lon: 39.854187 / -86.18602
  • Subdivision: Walnut Hills Survey
  • Property Class: Residential
  • County Use Code: 511

Amenities

  • Plus Four: 1918
  • Bathroom Fixtures: 11
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Central
  • Parking: 3

Ownership Info

1202 W 56th St has no associated ownership info
1202 W 56th St has no associated ownership info.

Taxes

1202 W 56th St has 10 associated Taxes items

1202 W 56th St, Indianapolis, IN pays taxes in Marion County, IN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $472,600. The APN we've located for 1202 W 56th St is 49-06-03-117-026.000-800.

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Taxes
  • Assessed Value:  $472,600
  • Assessed Year:  2025
  • Assessed County:  Marion
  • APN:  49-06-03-117-026.000-800
  • Assessed Land Value:  38300
  • Market Land Value:  38300
  • Tax Amount:  5300.2
  • Tax Year:  2024
  • Market Value:  472600
  • Market Year:  2025

Tax History

1202 W 56th St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $472,600 Land Value $38,300 Improvement Value $434,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,300.2 Change Rate +0.200966% Assessed CR Tax Rate
Year 2023 Assessed Value $324,300 Land Value $38,300 Improvement Value $286,000 Tax Amount $4,413.28 Change Rate +0.015303% Assessed CR Tax Rate +0.013609%
Year 2022 Assessed Value $324,300 Land Value $38,300 Improvement Value $286,000 Tax Amount $4,346.76 Change Rate +0.09531% Assessed CR Tax Rate +0.013404%
Year 2021 Assessed Value $278,000 Land Value $23,200 Improvement Value $254,800 Tax Amount $3,968.52 Change Rate +0.120551% Assessed CR Tax Rate +0.014275%
Year 2020 Assessed Value $280,900 Land Value $23,200 Improvement Value $257,700 Tax Amount $3,541.58 Change Rate +0.067062% Assessed CR Tax Rate +0.012608%
Year 2019 Assessed Value $280,900 Land Value $23,200 Improvement Value $257,700 Tax Amount $3,319 Change Rate +0.021577% Assessed CR Tax Rate +0.011816%
Year 2018 Assessed Value $261,800 Land Value $23,200 Improvement Value $238,600 Tax Amount $3,248.9 Change Rate +0.025809% Assessed CR Tax Rate +0.01241%
Year 2017 Assessed Value $258,600 Land Value $23,200 Improvement Value $235,400 Tax Amount $3,167.16 Change Rate +0.296263% Assessed CR Tax Rate +0.012247%
Year 2016 Assessed Value $236,900 Land Value $23,200 Improvement Value $213,700 Tax Amount $2,443.3 Change Rate +0.388318% Assessed CR Tax Rate +0.010314%
Year 2014 Assessed Value $186,000 Land Value $23,200 Improvement Value $162,800 Tax Amount $1,759.9 Change Rate +0.052383% Assessed CR Tax Rate +0.009462%
Year 2013 Assessed Value $186,000 Land Value $23,200 Improvement Value $162,800 Tax Amount $1,672.3 Change Rate Assessed CR Tax Rate +0.008991%